Accoding to Popoola, the launch demonstrates the Exchange’s track record of leadership in promoting corporate governance amongst listed companies and other stakeholders within the capital market ecosystem.
He added that, in line with this, the Exchange incorporated corporate governance principles in its listing and post-listing requirements and established a corporate governance rating system that provides a comprehensive diagnosis of Nigerian companies’ corporate governance and business integrity practices.
He further explained that, “these initiatives build on the firm belief shared with NBA-SBL and the Institute of Directors, Nigeria , that good corporate governance and compliance structures are foundational requirements for facilitating competitive advantage and profitability, which ultimately stimulates capital market efficiency, economic growth and investments.”